Word: spigots
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...flowing to the Palestinian Authority so that the salaries can be paid and Hamas can get on with governing. Haniyeh will be quite happy to see negotiations between Abbas and Olmert go nowhere, as long as the good faith shown by the Palestinians is enough to reopen the funding spigot. But to do so, Olmert might require that the Palestinian Authority take some of the steps required by President Bush's "roadmap" in respect of closing down independent armed groups such as the military wing of Hamas, and it's not clear that Haniyeh has the inclination or the ability...
...better strategy than relying on the good will of sunbathers. Italian officials responded to the deaths off Lampedusa by calling on Libyan leader Muammar Gaddafi to live up to agreements to tighten patrols along his country's coastline. Many believe Gaddafi cynically uses the threat of "opening the spigot" on the droves of sub-Saharan Africans gathering on Libyan shorelines in order to gain concessions on outstanding diplomatic questions, including Italian reparations for past colonial injustices. Spanish Interior Minister Alfredo P?rez Rubalcaba is traveling today to Senegal and Mauritania to meet with authorities and discuss measures to control the outflow...
...places like Al Jidadeh, a short drive outside the city. The big crossing point in the commute between Beirut and Damascus is nearly always crowded. But for the past week, say Syrian relief workers, managing the checkpoint has been like trying to force a sea through a tiny spigot. The recent conflict may have created as many as 700,000 refugees; more than 200,000 of them have journeyed overland to Syria since the fighting began, that number surging over the past few days, as the risk of air and sea travel rises. Not all of them are as lucky...
...Carry-trade alarmists tend to focus on the fact that Japan's "free money" spigot is closing, but rarely mention that rates are likely, for now, to rise by a mere 0.25%. That's not free, but it's still pretty close to it. For the foreseeable future, Japan will remain the world's first stop for low-cost capital. "Even if Japan's rates were to rise to 1%, its differential with other asset classes around the world would still be pretty high," says Macquarie's Jerram. Besides, the BOJ has been signaling its intention to raise rates...
Also troubling is the financial cost to schools when the beverage spigot is partly closed. The deals that administrators strike with drinkmakers often go to pay for such comparative luxuries as athletic programs and yearbooks; if the kids don't take to the healthier drinks, revenue will fall. For Brainard High School in Chattanooga, Tenn., vending-machine sales have meant an annual cash infusion of as much as $17,000. "I think the deal will hurt us," says school bookkeeper Robin Cavin. "We pay the insurance for athletics out of that. Who will replace it when it's gone...